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The newest issue of our magazine, PS Quarterly: Profit and Peril, is here. To gain digital access to all of the magazine’s content, and receive your print copy, subscribe to PS Premium now. 

  1. sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images
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    Trump’s Enablers on the Supreme Court

    Richard K. Sherwin

    Former US President Donald Trump's claim of absolute immunity from prosecution for "official acts" while he was in the White House is breathtaking in scope, as it could include ordering assassinations and coups. While the Supreme Court may not uphold Trump's expansive claim, its ruling will almost certainly give Trump what he wants.

     thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.
  2. ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images
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    Finishing the Job of Global Tax Cooperation

    José Antonio Ocampo

    Given the many loopholes and opportunities for tax arbitrage in today's global economy, much closer international cooperation will be needed to ensure that multinational corporations and the world's wealthiest people pay their fair share. Negotiations for this purpose are now underway, but developed countries must get on board.

     offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.
  3. leonard100_CHRISTOPHE PETIT TESSONPOOLAFP via Getty Images_macron CHRISTOPHE PETIT TESSON/POOL/AFP via Getty Images
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    The Macron Moment

    Mark Leonard thinks the French president has the capability to provide the strategic leadership that Europe needs.
  4. delong257_ Win McNameeGetty Images_fed Win McNamee/Getty Images
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    America’s Frustrating Search for a Soft Economic Landing

    Michael R. Strain warns that beating inflation in the United States will likely require an increase in the unemployment rate.
  5. GettyImages-686248236
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    Alison LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.
  6. rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation
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    The End of Magical Debt Thinking

    Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.
  7. lshuo1_Ryan PyleCorbis via Getty Images_china coal Ryan Pyle/Corbis via Getty Images
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    Is Climate Action China’s Trump Card?

    Li Shuo & Lauri Myllyvirta explain why the country’s emissions-reduction plan for 2035 could accelerate the fight against global warming.
  8. frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images
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    The Election-Devaluation Cycle

    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
  9. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images
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    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
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Latest

  1. The Macron Moment
    leonard100_CHRISTOPHE PETIT TESSONPOOLAFP via Getty Images_macron CHRISTOPHE PETIT TESSON/POOL/AFP via Getty Images

    The Macron Moment

    Apr 30, 2024 Mark Leonard thinks the French president has the capability to provide the strategic leadership that Europe needs.

  2. Is Climate Action China’s Trump Card?
    lshuo1_Ryan PyleCorbis via Getty Images_china coal Ryan Pyle/Corbis via Getty Images

    Is Climate Action China’s Trump Card?

    Apr 30, 2024 Li Shuo & Lauri Myllyvirta explain why the country’s emissions-reduction plan for 2035 could accelerate the fight against global warming.

  3. Alison LaCroix on the US Supreme Court, immigration policy, federalism, and more
    GettyImages-686248236

    Alison LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Apr 30, 2024 Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.

  4. America’s Frustrating Search for a Soft Economic Landing
    delong257_ Win McNameeGetty Images_fed Win McNamee/Getty Images

    America’s Frustrating Search for a Soft Economic Landing

    Apr 30, 2024 Michael R. Strain warns that beating inflation in the United States will likely require an increase in the unemployment rate.

  5. Finishing the Job of Global Tax Cooperation
    ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images

    Finishing the Job of Global Tax Cooperation

    Apr 29, 2024 José Antonio Ocampo offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.

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OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.  

  1. GettyImages-686248236
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    Alison LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.
  2. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images
    1

    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
  3. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images
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    China’s Rebalancing Imperative

    Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
  4. GettyImages-148081044
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    Minxin Pei on China’s economy, surveillance state, repression of dissent, and more

    Minxin Pei doubts China’s government is willing to do what is needed to restore growth, describes the low-tech approaches taken by the country’s vast security apparatus, considers the Chinese social-credit system’s repressive potential, and more.
  5. mazzucato62 Getty Images
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    Governments Must Shape AI’s Future

    Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making.
  6. op_janeway15_AMY OSBORNEAFP via Getty Images_googlecampus Amy Osborne/AFP via Getty Images
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    Is Techno-Monopoly Inevitable?

    William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy.

“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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Sustainability Now brings together leading voices in all of the domains involved in combating climate change, each addressing specific facets of the challenge.

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  1. lshuo1_Ryan PyleCorbis via Getty Images_china coal Ryan Pyle/Corbis via Getty Images
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    Is Climate Action China’s Trump Card?

    Li Shuo & Lauri Myllyvirta explain why the country’s emissions-reduction plan for 2035 could accelerate the fight against global warming.
  2. nixonsaintil2_shark_749Getty Images_AIdataclimatecity shark_749/Getty Images
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    AI Holds the Key to Resilient Cities

    Justina Nixon-Saintil surveys the technology's foreseeable applications in promoting urban sustainable development.
  3. nasheed3_MANDEL NGANAFP via Getty Images_georgieva MANDEL NGAN/AFP via Getty Images
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    What a Climate-Aligned IMF Would Look Like

    Mohamed Nasheed & Rakesh Mohan explain how the managing director can fully position the institution to help the most vulnerable countries.

Opinion that Moves

  1. Michael R. Strain America’s Frustrating Search for a Soft Economic Landing
  2. José Antonio Ocampo Finishing the Job of Global Tax Cooperation
  3. Kenneth Rogoff The End of Magical Debt Thinking
  4. Jeffrey Frankel The Election-Devaluation Cycle

  1. Chris Patten The West Must Not Let Putin Win
  2. Richard K. Sherwin Trump’s Enablers on the Supreme Court
  3. Carl Bildt Trump Is Putin’s Only Hope Now
  4. Nancy Isenberg Is Trump Above the Law?

  1. Ifeanyi M. Nsofor Governments Must Step Up to Prevent Cervical Cancer
  2. Sania Nishtar Fifty Years of Immunization Success Call for 50 More
  3. Rachel Glennerster The Pandemic Financing Developing Countries Need
  4. Jayati Ghosh The Key to Transforming African Health

  1. Li Shuo, et al. Is Climate Action China’s Trump Card?
  2. Justina Nixon-Saintil AI Holds the Key to Resilient Cities
  3. Mohamed Nasheed, et al. What a Climate-Aligned IMF Would Look Like
  4. Robert Redford, et al. The Ozone Layer’s Recovery Shows How to Protect the Planet

  1. Mariana Mazzucato, et al. Central Banks in a Cashless World
  2. Peter G. Kirchschläger AI Needs UN Oversight
  3. Daron Acemoglu, et al. History Already Tells Us the Future of AI
  4. Amar Bhidé The Boring Truth About AI

  1. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  2. Eleanor Carter, et al. How to Rebuild Trust in Public Institutions
  3. Slavoj Žižek Canceling Palestine
  4. Robert Skidelsky The Language of Political Control

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis
  2. Jayati Ghosh The Key to Transforming African Health
  3. Ishac Diwan, et al. Developing Countries’ Liquidity Crisis Is Not Over

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  2. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever
  3. Natalie Dunleavy Campbell, et al. The US Is Jeopardizing the Open Internet

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

  1. Rachel Glennerster The Pandemic Financing Developing Countries Need
  2. Mariana Mazzucato How to Save the Pandemic Treaty
  3. Helen Clark, et al. Delivering the Pandemic Accord the World Needs